Tariff Threat on European Cars

TAGS: Technical Analysis Software

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News in Brief

  • Dudley backs Powell staying on after “merciless’ attacks on Fed.
  • Canada giving $1.1 billion to firms hit by US metal tariff rules.
  • Trump’s tariff threats on European cars are back with vengeance.

MarketWatch:

  • Palantir posts its fastest revenue growth ever while calling out ‘AI slop’.
  • Stocks are searching for direction on Iran developments and oil prices.
  • Oil prices climb after disputed report of Iran strike on US warship in the Strait of Hormuz.
  • Berkshire Hathaway is sitting on a record $397 billion in cash.

yahoo! finance:

  • Palantir revenue jumps 85% on booming US business.
  • AMD to report Q1 earnings as Wall Street eyes data center sales.
  • Musk sought settlement with Open AI before Oakland trial.
  • China’s rare defiance of US sanctions risks sparking showdown.

Berkshire Hathaway isn’t the only firm reluctant to invest in the stock market. Trump says ‘Project Freedom’ will guide ships through Strait of Hormuz. As his plans falls apart, Trump rages and blusters through the night.

Global Indexes

S&P 500

After the inverted hammer candle the S&P 500 made an uncertain high way candle.

DAX

The DAX closed below its 200 DMA resistance in its sideways channal.

HANG SENG

The HANG SENG made an inverted hammer candle to confirm the uncertainty on markets.

NYSE & NASDAQ Stocks

Advanced Micro Devices Inc

AMD investors started taking profit ahead of earnings report after reaching nearly the highest estimate of analysts.

Micron Technology Inc

MU gained with a gap (exhaustion gap?) in overbought territory.

JSE Stocks

JSE All Shares

The JSE All Shares also made an uncertain high wave candle.

Kap Industrial Holdings Ltd

KAP extended is rally past an important resistance.

Algomodel Strategies, Education & Features

Click on Education or go to the home page to view education posts.

Frontrunner, Gaps, Trend and Cyclic Indicators are explained in these education posts.

All stock graphs are shown with a Trend Candles Template which is a feature available in Algomodel Signals Pro.

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